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Are entrepreneurs essentially the same everywhere? Are the processes of entrepreneurship similar? Or are they shaped by their environments? If so, how? This study brings insights from entrepreneurship to comparative institutions and varieties of capitalism, and vice versa, and draws on two surveys and 25 case interviews in both the UK and Japan.
Building a New Economy uses an evolutionary conceptual framework of states-and-markets, organizations-and-technology, and institutional change. It shows how the institutional coherence of the manufacturing-centred postwar model broke down, and was followed by the ideological and institutional dissonance of the 'lost decades'.
This title includes the following features: Identifies the source of thecompetitive problems Japan has been experiencing in the high-tech arena;Examines how Japan has responded to these problems and assesses its currentstanding; Considers the role of the Management of Technology (MOT) movement;Contributions from expert Japanese and Western academics and practitionersresearching and working in this area; The editors provide a context-settingintroduction, and thought-provoking concluding chapter
Balancing and blending ideas of globalization with an understanding of historical and institutional contexts of development is an important challenge for many across the social sciences. This book aims to bridge some of these debates through the concept of 'compressed development', addressing areas of time, space, and strategy compression.
Is capitalism everywhere driven by the same logic of market forces, contract, and individualistic motivation? Or is Japan different? These eighteen contributions by leading Japanese economists shed light on a number of issues in this increasingly important debate. The variety of perspectives and the range of firms covered--not only the large industrial corporation but cooperatives, public enterprises, and mutual life insurance companies as well--provide a broad overview that few other books on Japanese business can offer. In a new introduction to this English-language edition, Ronald Dore and Hugh Whittaker identify and summarize the salient themes and sharpen the points discussed. Chapters ...
Japanese corporate governance and managerial practice is at a critical juncture. At the start of the decade pressures mounted for Japan to move to a shareholder-value driven, 'Anglo-American' system of corporate governance. Subsequent changes, however, may be seen as an adjustment and renewal of the post-war model of the Japanese firm. In adapting to global corporate governance standards, Japanese managers have also been reshaping them according to their own agenda of reform and restructuring of decision-making processes. The board's role is seen in terms of strategic planning rather than monitoring, and external directors are viewed as advisers, not as representatives of the shareholders. M...
After sweeping all before it in the 1980s, 'Japanese management' ran into trouble in the 1990s, especially in the high-tech industries, prompting many to declare it had outlived its usefulness. From the late 1990s leading companies embarked on wide-ranging reforms designed to restore their entrepreneurial vigour. For some, this spelled the end of Japanese management; for others, little had changed. From the perspective of the community firm, Inagami and Whittaker examine changes to employment practices, corporate governance and management priorities, in this 2005 book, drawing on a rich combination of survey data and an in-depth study of Hitachi, Japan's leading general electric company and enterprise group. They find change and continuity, the emergence of a 'reformed model', but not the demise of the community firm. The model addresses both economic vitality and social fairness, within limits. This book offers unique insights into changes in Japanese management, corporations and society.
This work brings together the key writings of Ronald Dore an expert upon Japan. He covers a range of social science disciplines and provides a perspective that offers four inter-linking themes: technology-driven social evolution; late development; culture; and politics.
Japan is attempting to build a new economy. It goes by various names, such as 'Society 5.0', 'sustainable capitalism', and 'new form of capitalism'. It is to be constructed through digital and green transformation, and a 'virtuous cycle of growth and distribution'. The effort faces strong headwinds, including demographic decline and ageing, Japan's external energy dependence and geopolitical turbulence, and the legacies of Japan's 'lost decades'. Nonetheless, since 2015 a path has been identified that steers between Big Tech market oligopoly on the one hand, and an overbearing state on the other. For others facing the same post-neoliberal, sustainability transformation challenges as Japan, t...
This title includes the following features: Identifies the source of thecompetitive problems Japan has been experiencing in the high-tech arena;Examines how Japan has responded to these problems and assesses its currentstanding; Considers the role of the Management of Technology (MOT) movement;Contributions from expert Japanese and Western academics and practitionersresearching and working in this area; The editors provide a context-settingintroduction, and thought-provoking concluding chapter